Updated Jul 21, 2026
Coulda Beenyou Acquires Multifamily Property From Debbie Marana In Miami For $19.04M
176 Northeast 68th Street
$19,040,000
$329/SF
Building Size
57,715 SF
Asset Type
MultiFamily
Closing
Jul 10, 2026
About this deal
AI
The property involved in this transaction is a multifamily asset located at 176 Northeast 68th Street in Miami. It has been sold for $19,040,000, comprising 112 units. The total square footage of the property is 57,715, leading to a price per unit of $170,000 and a price per square foot of $329.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $19,040,000
- Units: 112
- Square Footage: 57,715
- Price Per Unit: $170,000
- Price Per Square Foot: $329
- Buyer: Coulda Beenyou
- Seller: Debbie Marana
- Brokers: Arthur David Porosoff & Javier A. Ubeda - The Porosoff Group - Compass
- Transaction Counsel: Manny Vadillo - Sanchez Vadillo LLP
Arthur David Porosoff and Javier A. Ubeda announced the closing of Knight Center Apartments after 30 years of family ownership. They secured a no-inspection, multi-million non-refundable deposit "hard day 1" contract after previously unsuccessful listings. The Porosoff Group has over 20 years of experience in multifamily brokerage in South Florida.
On the Map
$19,040,000
$329/SF
MultiFamily
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Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93